8 & 5R Lindsey Street

Rockland, ME 04841

MLS ID# 1575391 Active

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$1,475,000

1980 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

Description

If you're looking for a prime development opportunity in one of Maine's hottest cities, look no further. Across the street from an upscale boutique hotel, the spacious two-unit residential building at 8 Lindsey St. features vaulted ceilings, private parking and a large front patio. The building has an expansive, unfinished lower level overlooking the rear lot that is waiting to be turned into more residential or a commercial space. The rear lot at 5R Lindsey St. is a blank canvas with tremendous potential. Sitting within Rockland's flexible Downtown zone with minimal setbacks and a building height limit of 65 ft, the property could be developed into a mixed-use or residential development with views over the city and out to the famous Rockland Breakwater. Continue to rent the existing building, develop the basement and adjacent lot, or tear down the existing structure and develop the full .34 acres. There are all kinds of options with this property package. If you're looking for a prime development opportunity in one of Maine's hottest cities, look no further. Across the street from an upscale boutique hotel, the spacious two-unit residential building at 8 Lindsey St. features vaulted ceilings, private... show more

Location Information

• Street # 8 & 5R
• Street Name Lindsey
• Street Type Street
• County Knox
• Town Rockland
• State/Province ME
• Zip Code 04841
• Leased Land No
• Book 5131,5891
• Page 205-207,311-312
• Map 004
• Lot 000004
• Zoning Downtown
• Zoning Overlay Unknown
• Tax ID 4D4, 4D4-1
• Association No
• Full Tax Amount 6196
• Tax Year 2022

Property Information

• Surveyed No
• Seasonal No
• Number of Units 2
• Total Baths 3
• Total Full Baths 2
• Total Half Baths 1
• Year Built 1900
• SqFt Finished Above Grade 1980
• SqFt Finished Below Grade 0
• SqFt Finished Total 1980
• Garage No
• Lot Size Acres +/- 0.34
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2%

Directions

Head north on Main St. Turn left on Lindsey St. Property will be on your left.

Details

• Site

  Level

• Roads

  Gravel/Dirt, Paved, Public, Right of Way

• Water Info

  No Water Frontage, No Water View

• Income & Expenses

  Gross Income:48600, Operating Expenses:15636

• Units

  # of 1 BD Units:1, # of 2 BD Units:1, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  Lease, Level:First, Security Deposit, Monthly Rent:1550, # Full Baths:1, # of Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:First, Security Deposit, Monthly Rent:2500, # Full Baths:1, # Half Baths:1, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Other Style

• Construction

  Wood Frame

• Basement

  Daylight, Walkout Access

• Basement Entry

  Walk-Out

• Foundation Materials

  Brick/Mortar, Pillar/Post/Pier, Poured Concrete

• Exterior

  Vinyl Siding, Wood Siding

• Roof

  Flat, Membrane, Pitched, Shingle

• Heat System

  Baseboard

• Heat Fuel

  Oil

• Water Heater

  Off Heating System, Oil

• Cooling

  None

• Floors

  Laminate, Tile, Vinyl, Wood

• Amenities

  Sprinkler

• Driveway

  No Driveway

• Parking

  1 - 4 Spaces, Off Street

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public